** This is a additional TA to the previous post on XTZ with BTC pairing **
As we had a strong BTC dominance divergence play out, we had XTZ.BTC price drop and bounce significantly while slowly regaining lost territory. I did this TA against the USDT to see if its still within the acceptable levels for a next wave up. Happily to say, the restests of the previous resistances passed. As per chart, we have one more resistance and after that, open roof.
My thoughts: =================================================== > Daily indicators are positive, bullish with convergence and hence stay in the trade > I would expect 2 touches to the resistance and 2 touches to the below support before the breakout otherwise its out.
Please give me a tick or like for this post.
Regards, S.Sari
PREVIOUS POST I have noted that we have price above the yellow key level meaning my TA is still relevant.
Handel aktiv
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Handel aktiv
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I have 2 potential targets derived from the height as per the lime and red vertical lines
Kommentera
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Before we reach the target, we are likely to go sideways